Coronavirus impact: 16 Oct - the perils of being non-essential
A highly-rated behavioural science business, has seen its revenue and share price tumble as its clients focus on more essential matters. Results from Weatherspoons were the usual entertaining read although we sympathise with their plight.
Panther Securities: ramblings are worth a readInterim results from property investment company Panther Securities (LON: PNS), are worth a read, if only for the “Chairman’s Ramblings”. The results, covering the period to 30 June 2020, were predictably awful and included a near £7m downward valuation to their property portfolio to reflect the “COVID factor”, with potentially worse to come. Rents receivable of £6.8m were slightly less than the comparable period, which was mainly caused by the administration of Beales group, a tenant. Management expects that second half rental income will be further impacted by the concessions they have given to…